T Rabi Sankar, RBI Dy Governor, Says Banning Cryptocurrency Most Advisable Route For India

Team Latestly Feb 15, 2022 11:41 AM IST

On February 14, T Rabi Sankar, Deputy Governor, Reserve Bank Of India (RBI) said that cryptocurrencies are akin to Ponzi schemes or even worse and banning these is the most advisable option for India. T Rabi Sankar said that cryptocurrencies have no intrinsic value. He explained what precisely is a cryptocurrency and why it should be banned. Watch the video to know more.

(The above story first appeared on LatestLY on Feb 15, 2022 11:41 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

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Banning Cryptocurrency Banning Cryptocurrency In India Bitcoin Crypt Ban Crypto crypto currencies cryptocurrencies Cryptocurrency Ban Ponzi Schemes RBI RBI Digital Currency Shaktikanta Das Union Budget 2022

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